Industry

9+ hour, 18+ min ago   (675+ words) Despite the promise of artificial intelligence and other technology to improve and speed the insurance process, property claims face delays and growing complexity, according to a new report that also shows claims costs are under pressure. Several factors are putting…...

2+ day, 20+ hour ago   (152+ words) On October 3, 2023, Truist Securities initiated coverage on Realty Income (O) with a Hold rating. The price target announced is $60.00, which marks the establishment of a new target as there was no previous target for the stock. Realty Income's strengths lie in…...

2+ day, 20+ hour ago   (1269+ words) In this session, Origami Risk product leaders examine how these tools strengthen outcomes. The conversation covers: Attendees leave with a clearer sense of what’s possible in their own return-to-work program processes, and concrete ways to strengthen alignment between claims and…...

5+ day, 2+ hour ago   (255+ words) Three major insurance brokers—Brown & Brown, Arthur J. Gallagher, and Marsh McLennan—continue to generate steady revenue through client retention and renewals, even as property insurance premiums decline. Their business models rely on commissions from renewals, which provide a reliable…...

1+ week, 2+ day ago   (123+ words) MetLife Pet Insurance has a ChatGPT app that lets users explore coverage for a dog or cat through a guided conversation. Users can provide details about their pet, review available plans and pricing, and get a personalized quote. The app…...

1+ week, 2+ day ago   (54+ words) Greenwood General Insurance Agency Highlights Flexible openPR.com Greenwood General Insurance Agency Highlights Flexible Insurance Solutions for Restaurants and Food Service Businesses Press release from: Getnews Permanent link to this press release: You can edit or delete your press release…...

1+ week, 3+ day ago   (146+ words) Allstate has listed an app in ChatGPT that lets users request a quick auto insurance estimate by sharing details about themselves and their vehicle. The app’s description says shoppers can then continue to Allstate to customize coverage, review their quote…...

1+ week, 5+ day ago   (123+ words) EIN Presswire There were 2,486 press releases posted in the last 24 hours and 490,646 in the last 365 days. Tugboat Brings Dedicated Claims Expertise to Nearly 1,000 Residential Units in Tower Lane Capital Partnership Multifamily portfolios gain full Tugboat membership, dedicated claims support, and…...

1+ week, 5+ day ago   (146+ words) According to a report by Bloomberg, Bamboo Insurance has postponed its initial public offering. The home insurance provider filed for an IPO in August, and last week, it announced that it was seeking to raise as much as $700 million at…...

2+ week, 6+ day ago   (210+ words) Tech-enabled insurer expands into Tennessee and South Carolina, allowing agents to quote and bind admitted and non-admitted commercial real estate coverage in states facing severe wind and hail events as well as growing general liability exposures At launch, agents will…...